重庆溯联塑胶股份有限公司 利润分配管理制度 重庆溯联塑胶股份有限公司 第一条 为进一步规范重庆溯联塑胶股份有限公司（以下简称"公司"）利润 分配管理，建立科学、持续、稳定的分红机制，保护中小投资者合法权益，根据《中 华人民共和国公司法》（以下简称"《公司法》"）《上市公司监管指引第 3 号——上市 公司现金分红》（以下简称"《现金分红指引》"）《深圳证券交易所创业板股票上市规 则》（以下简称"《创业板上市规则》"）《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》（以下简称"《创业板规范运作指引》"）等法律、 法规、规范性文件以及《重庆溯联塑胶股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，结合公司实际情况，制定本制度。 第二章 利润分配政策 第二条 利润分配原则： （一）公司的利润分配应重视对投资者的合理投资回报并兼顾公司当年的实际 经营情况和可持续发展； （二）公司利润分配不得超过累计可分配利润的范围，不得损害公司持续经营 能力。公司董事会和股东会对利润分配政策的决策和论证过程中应当充分考虑独立 董事和公众投资者的意见。 利润分配管理制度 第一章 总则 （三）公司制定利 ...

重庆溯联塑胶股份有限公司 会计师事务所选聘制度 重庆溯联塑胶股份有限公司 会计师事务所选聘制度 第一章 总则 第一条 为了规范重庆溯联塑胶股份有限公司（以下简称"公司"）选聘、续 聘以及改聘（以下合称"选聘"）会计师事务所的行为，切实维护股东利益，提高 审计工作和财务信息的质量，根据《中华人民共和国公司法》（以下简称"《公司 法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《国有企业、 上市公司选聘会计师事务所管理办法》（以下简称"《会计师事务所选聘办法》"）、 《深圳证券交易所创业板股票上市规则》（以下简称"《创业板上市规则》"）等 法律、行政法规、部门规章、规范性文件以及《重庆溯联塑胶股份有限公司章程》 （以下简称"《公司章程》"）的规定，特制定本制度。 第二条 本制度所称选聘会计师事务所，是指公司根据相关法律法规要求，聘 任会计师事务所对财务会计报告发表审计意见、出具审计报告的行为。 公司聘任会计师事务所从事除财务会计报告审计之外的其他法定审计业务的， 可以比照本制度执行。 第三条 公司选聘或解聘会计师事务所，应当由董事会审计委员会（以下简称 "审计委员会"）审议同意后，提交董事会审议，并 ...

重庆溯联塑胶股份有限公司 关联交易管理制度 重庆溯联塑胶股份有限公司 关联交易管理制度 第一章 总则 第一条 为规范重庆溯联塑胶股份有限公司（以下简称"公司"）的关联交易 行为，保证公司与关联方之间发生的关联交易符合公平、公正、公开的原则，确保 公司的关联交易行为不损害公司和全体股东的合法权益，根据《中华人民共和国公 司法》（以下简称"《公司法》"）《中华人民共和国证券法》（以下简称"《证券法》"） 《上市公司信息披露管理办法》《上市公司治理准则》《深圳证券交易所创业板股票 上市规则》（以下简称"《创业板上市规则》"）《深圳证券交易所上市公司自律监管指 引第 2 号——创业板上市公司规范运作》（以下简称"创业板规范运作指引"）《深圳 证券交易所上市公司自律监管指引第 7 号——交易与关联交易》（以下简称"《交易 与关联交易》"）等相关法律法规、部门规章、规范性文件、业务规则，以及《重庆 溯联塑胶股份有限公司章程》（以下简称"《公司章程》"）的有关规定，并结合公司 实际情况，制定本制度。 第二条 公司的关联方包括关联法人和关联自然人；关联交易是指公司或者其 控股子公司与公司关联方之间发生的转移资源或义务的事项。 ...

重庆溯联塑胶股份有限公司 信息披露暂缓与豁免管理制度 (经公司第三届董事会第十六次会议审议通过) 第一章 总则 第一条 为规范重庆溯联塑胶股份有限公司（以下简称"公司"）的信息披露 暂缓与豁免行为，确保公司及相关信息披露义务人（以下简称"信息披露义务 人"）依法合规地履行信息披露义务，保护投资者的合法权益，根据《中华人民 共和国证券法》（以下简称"《证券法》"）《深圳证券交易所创业板股票上市 规则》（以下简称"《上市规则》"）《深圳证券交易所创业板上市公司规范运 作指引》（以下简称"《规范运作指引》"）《上市公司信息披露暂缓与豁免管 理规定》（以下简称"《暂缓豁免规定》")等法律、法规和《重庆溯联塑胶股 份有限公司章程》（以下简称"《公司章程》"）的有关规定，结合公司信息披 露的实际情况，特制定本制度。 第二条 公司按照《上市规则》《规范运作指引》《暂缓豁免规定》及深圳 证券交易所（以下简称"深交所"）其他相关业务规则的规定，办理信息披露 暂缓、豁免业务的适用本制度。 重庆溯联塑胶股份有限公司 信息披露暂缓与豁免管理制度 第三条 公司根据《上市规则》《规范运作指引》《暂缓豁免规定》及深交 所其他相关业务规则， ...

重庆溯联塑胶股份有限公司 信息披露管理制度 重庆溯联塑胶股份有限公司 信息披露管理制度 （经公司第三届董事会第十六次会议审议通过） 第一章 总则 第一条 为规范重庆溯联塑胶股份有限公司（以下简称"公司"）的信息披露 行为，确保公司信息披露的真实、准确、完整与及时，切实保护公司、股东及投资 者的合法权益，根据《中华人民共和国公司法》《中华人民共和国证券法》（以下简 称"《证券法》"）《上市公司信息披露管理办法》《深圳证券交易所创业板股票上市 规则》（以下简称"《创业板上市规则》"）《深圳证券交易所上市公司自律监管指引 第 2 号——创业板上市公司规范运作》（以下简称"《创业板规范运作指引》"）、《深 圳证券交易所上市公司自律监管指引第 5 号——信息披露事务管理》（以下简称 "《信披管理》"）等相关法律、法规、规范性文件以及《重庆溯联塑胶股份有限公 司章程》（以下简称"公司章程"）的规定，结合公司实际情况，制定本制度。 第二条 本制度所称"信息披露"，是指将所有可能对公司股票及其衍生品种 交易价格或者投资决策产生较大影响的信息或事项（以下简称"重大信息、重大事 件或者重大事项"），以及中国证券监督管理委员会（以 ...

重庆溯联塑胶股份有限公司 内部审计制度 第一章 总则 第一条 为加强重庆溯联塑胶股份有限公司（以下简称"公司"）内部监督和风 险控制，实现内部审计工作规范化、标准化，发挥内部审计工作在提高公司经营管 理水平和经济效益中的作用，根据《中华人民共和国审计法》（以下简称"《审计法》"） 《审计署关于内部审计工作的规定》（以下简称"《内审规定》"）《中国内部审计准 则》（以下简称"《内审准则》"）《企业内部控制基本规范》（以下简称"《内控规范》"） 等有关法律法规和其他规范性文件以及《重庆溯联塑胶股份有限公司章程》（以下 简称"《公司章程》"）的规定，并结合公司内部审计工作的实际情况，制定本制度。 第二条 本制度适用于公司各内部机构、控股子公司以及具有重大影响的参股 公司的与财务报告和信息披露事务有关的所有业务环节所进行的内部审计工作。 重庆溯联塑胶股份有限公司 内部审计制度 （经公司第三届董事会第十六次会议审议通过） 第三条 本制度所称内部审计，是指公司内部审计机构或人员依据国家有关法 律法规和本制度的规定，对公司各内部机构、控股子公司以及具有重大影响的参股 公司的内部控制和风险管理的有效性、财务信息的真实性、完整 ...

Important Notes, Table of Contents, and Definitions This section provides crucial disclaimers, outlines the report's structure, and defines key terms used throughout the document [Important Notes](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The board, supervisory board, and senior management guarantee the report's accuracy and completeness, while future plans are not commitments - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report and assume legal responsibility[4](index=4&type=chunk) - Statements regarding future operating plans and performance forecasts in the report do not constitute a commitment by the company to investors, who should remain aware of risks[4](index=4&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[5](index=5&type=chunk) [Table of Contents](index=3&type=section&id=%E7%9B%AE%E5%BD%95) This section lists the report's overall structure, covering eight main chapters including company profile, management discussion, and financial reports - The report comprises eight main chapters, covering company operations, financials, governance, and significant matters[7](index=7&type=chunk) [Definitions](index=5&type=section&id=%E9%87%8A%E4%B9%89) This section defines common terms, company entities, legal regulations, reporting period, currency units, and core business products like automotive fluid pipelines - The reporting period is from January 1, 2025, to June 30, 2025[11](index=11&type=chunk) - The company's core business involves automotive fluid pipelines, including fuel lines, evaporative emission lines, vacuum brake lines, and new energy vehicle thermal management system lines[11](index=11&type=chunk) - The company's main subsidiaries include Liuzhou Suliang, Suliang Components, Suliang Precision, Suliang Zhikong, and Jiangsu Suliang[11](index=11&type=chunk) Company Profile and Key Financial Indicators This section provides an overview of the company's basic information, contact details, and a summary of its key financial performance and position [Company Profile](index=6&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B) Chongqing Suliang Plastic Co., Ltd., stock code 301397, is listed on the Shenzhen Stock Exchange, with Han Zongjun as its legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Suliang Shares | | Stock Code | 301397 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Name | Chongqing Suliang Plastic Co., Ltd. | | Legal Representative | Han Zongjun | [Contact Persons and Information](index=6&type=section&id=%E4%BA%8C%E3%80%81%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) The company's board secretary is Han Xiao and securities affairs representative is Yi Junping, both located at No. 899 Haier Road, Jiangbei District, Chongqing Company Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Han Xiao (Senior) | No. 899 Haier Road, Jiangbei District, Chongqing | 023-67551991 | 023-67551991 | slzqb@cqslsj.com | | Securities Affairs Representative | Yi Junping | No. 899 Haier Road, Jiangbei District, Chongqing | 023-67551991 | 023-67551991 | slzqb@cqslsj.com | [Other Information](index=6&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E6%83%85%E5%86%B5) The company's registered address, office address, website, email, information disclosure, and registration status remained unchanged during the reporting period - The company's contact information, information disclosure and storage locations, and registration status remained unchanged during the reporting period[15](index=15&type=chunk)[16](index=16&type=chunk)[17](index=17&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=%E5%9B%9B%E3%80%81%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In the first half of 2025, revenue grew by **26.30%** to **668 million yuan**, but net profit attributable to shareholders decreased by **4.43%** to **67.76 million yuan**, while operating cash flow significantly increased by **1178.78%** Key Accounting Data and Financial Indicators for H1 2025 | Indicator | Current Period (CNY) | Prior Period (CNY) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 668,190,643.81 | 529,047,245.74 | 26.30% | | Net Profit Attributable to Shareholders | 67,762,453.16 | 70,899,812.12 | -4.43% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 60,495,324.21 | 68,122,347.44 | -11.20% | | Net Cash Flow from Operating Activities | 89,232,559.98 | -8,271,599.42 | 1,178.78% | | Basic Earnings Per Share (CNY/share) | 0.44 | 0.59 | -25.42% | | Diluted Earnings Per Share (CNY/share) | 0.44 | 0.59 | -25.42% | | Weighted Average Return on Net Assets | 3.42% | 3.60% | -0.18% | | **Period-end Indicators** | **Period-end (CNY)** | **Prior Year-end (CNY)** | **Period-end vs. Prior Year-end Change** | | Total Assets | 2,658,867,533.61 | 2,527,874,492.43 | 5.18% | | Net Assets Attributable to Shareholders | 1,925,515,996.00 | 1,948,537,504.14 | -1.18% | [Differences in Accounting Data under Domestic and Overseas Accounting Standards](index=7&type=section&id=%E4%BA%94%E3%80%81%E5%A2%83%E5%86%85%E5%A4%96%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E4%B8%8B%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%B7%AE%E5%BC%82) The company reported no differences in net profit and net assets between international/overseas accounting standards and Chinese accounting standards during the reporting period - The company reported no differences in accounting data under domestic and overseas accounting standards during the reporting period[19](index=19&type=chunk)[20](index=20&type=chunk) [Non-recurring Gains and Losses and Amounts](index=7&type=section&id=%E5%85%AD%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%8F%8A%E9%87%91%E9%A2%9D) The company's total non-recurring gains and losses for H1 2025 amounted to **7.27 million yuan**, primarily from fair value changes in financial assets and government grants Non-recurring Gains and Losses for H1 2025 | Item | Amount (CNY) | Description | | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | 37,444.29 | | | Government Grants Recognized in Current Profit/Loss | 820,386.00 | | | Gains/Losses from Changes in Fair Value of Financial Assets and Liabilities Held by Non-financial Enterprises, and Gains/Losses from Disposal of Financial Assets and Liabilities, excluding effective hedging activities related to normal business operations | 7,951,205.28 | Primarily actual income from cash management products and fair value changes | | Other Non-operating Income and Expenses beyond the above items | -259,472.93 | | | Less: Income Tax Impact | 1,282,433.69 | | | Total | 7,267,128.95 | | - The company has no other profit or loss items that meet the definition of non-recurring gains and losses, nor has it classified non-recurring items as recurring gains and losses[23](index=23&type=chunk) Management Discussion and Analysis This section analyzes the company's main business, core competitiveness, financial performance, investment activities, and risks during the reporting period [Main Business Activities During the Reporting Period](index=9&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E4%BB%8E%E4%BA%8B%E7%9A%84%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1) The company specializes in automotive plastic fluid pipeline products, expanding into new energy vehicles and emerging sectors, with revenue growth driven by new energy vehicle sales and technological upgrades [Company's Main Business Activities](index=9&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E5%85%AC%E5%8F%B8%E4%BB%8E%E4%BA%8B%E7%9A%84%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1) The company designs, develops, produces, and sells automotive plastic fluid pipeline products for both traditional and new energy vehicles, expanding into diverse new application areas - The company specializes in the design, research and development, production, and sales of automotive plastic fluid pipeline products and their components[25](index=25&type=chunk) - The company offers 7 major categories and over 4,000 specifications of products, applied in fuel vehicles and new energy vehicles, with extensive deployment across **30+ new energy industry chain clients**[25](index=25&type=chunk) - The company's product application areas are actively expanding into motorcycles, general machinery, ships, home appliances, low-altitude flight and aviation, and liquid-cooled server data centers[26](index=26&type=chunk) [Company's Main Business Model](index=9&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%90%A5%E6%A8%A1%E5%BC%8F) The company operates on a "production-to-order" model, with competitive procurement, direct sales, and customer-oriented, synchronous R&D with vehicle manufacturers - Procurement Model: Procurement is conducted through the purchasing and engineering departments, establishing a scientific supplier evaluation and admission system, and selecting suppliers through competitive bidding[28](index=28&type=chunk) - Production Model: Operates on a "production-to-order" basis, formulating production plans according to vehicle manufacturer orders and procurement plans, and managing the production process through an ERP system[29](index=29&type=chunk) - Sales Model: Adopts a direct sales approach, settling with vehicle manufacturer clients after product use, and with component manufacturers after product receipt confirmation[30](index=30&type=chunk) - R&D Model: Customer-demand oriented, closely collaborating with vehicle manufacturers, primarily through synchronous development, and focusing on independent R&D of core components[31](index=31&type=chunk) [Company's Industry Position](index=10&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%E5%85%AC%E5%8F%B8%E8%A1%8C%E4%B8%9A%E5%9C%B0%E4%BD%8D) The company is a leading domestic supplier of automotive plastic fluid pipeline products, with over two decades of experience, **113 patents**, and significant revenue growth in H1 2025 - The company is one of the leading domestic suppliers of automotive plastic fluid pipeline products, holding **113 patents**, including **35 invention patents**[32](index=32&type=chunk) - The company is recognized as a high-tech enterprise and a national intellectual property advantage enterprise, and has received recognition from numerous vehicle manufacturers and leading power battery companies[32](index=32&type=chunk) - In H1 2025, the company's operating revenue increased by **26.30%** year-on-year, primarily due to growth in new energy vehicle sales and improved thermal management system performance[32](index=32&type=chunk) [Industry Development Overview](index=10&type=section&id=%EF%BC%88%E5%9B%9B%EF%BC%89%E8%A1%8C%E4%B8%9A%E5%8F%91%E5%B1%95%E6%A6%82%E5%86%B5) In H1 2025, China's automotive production and sales grew by **12.5%** and **11.4%** respectively, with new energy vehicles showing robust growth of over **40%** and a market share of **44.3%** H1 2025 China Automotive Industry Production and Sales Data | Indicator | Production/Sales Volume (10,000 units) | YoY Growth | | :--- | :--- | :--- | | Automobile Production/Sales | 1,562.1 / 1,565.3 | 12.5% / 11.4% | | Passenger Vehicle Production/Sales | 1,352.2 / 1,353.1 | 13.8% / 13% | | New Energy Vehicle Production/Sales | 696.8 / 693.7 | 41.4% / 40.3% | | New Energy Vehicle Market Share | 44.3% | | | Plug-in Hybrid NEV Sales | 252.1 | 31.1% | | Pure Electric Vehicle Sales | 441.5 | 46.2% | | Automobile Exports | 308.3 | 10.4% | | New Energy Vehicle Exports | 106 | 75.2% | - The market share of independent brand passenger vehicles exceeded **65%**, with new energy vehicle penetration being the main driving factor[33](index=33&type=chunk) [Key Performance Influencing Factors](index=10&type=section&id=%EF%BC%88%E4%BA%94%EF%BC%89%E4%B8%BB%E8%A6%81%E4%B8%9A%E7%BB%A9%E5%BD%B1%E5%93%8D%E5%9B%A0%E7%B4%A0) Revenue grew by **26.30%** due to new energy vehicle sales and technological upgrades, but net profit declined by **4.43%** due to increased operating costs and R&D expenses from business expansion and new projects - Operating revenue increased by **26.30%**, primarily benefiting from growth in new energy vehicle sales and rapid technological iteration of client vehicle models[34](index=34&type=chunk)[35](index=35&type=chunk) - Net profit attributable to shareholders decreased by **4.43%** year-on-year, and net profit excluding non-recurring items decreased by **11.20%** year-on-year[34](index=34&type=chunk) - Operating costs grew rapidly, mainly due to active business expansion, new project construction, equipment upgrades, and increased R&D expenses[35](index=35&type=chunk) [Core Competitiveness Analysis](index=11&type=section&id=%E4%BA%8C%E3%80%81%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core strengths lie in technological innovation, strong customer relationships, an independent supply chain, rapid market response, robust management systems, and optimized product structure [Technological Advantages](index=11&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E6%8A%80%E6%9C%AF%E4%BC%98%E5%8A%BF) The company pioneered nylon material applications in automotive fluid pipelines, developing quick connectors and battery pack water pipe connectors, holding **113 patents**, and achieving CNAS certification for its testing center - The company pioneered the development of automotive nylon fuel line quick connectors (2003) and power battery pack dedicated water pipe connectors (2018), filling domestic market gaps[36](index=36&type=chunk) - The company holds **113 registered patents**, including **35 invention patents**, and its technical testing center has passed national CNAS accreditation[37](index=37&type=chunk) - The company has achieved independent design, diversified product range, and automated production of fluid pipeline products, possessing core technology scalability and platform-based production capabilities[36](index=36&type=chunk) [Customer Advantages](index=11&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E5%AE%A2%E6%88%B7%E4%BC%98%E5%8A%BF) Leveraging strong R&D, the company maintains long-term partnerships with over **30 vehicle manufacturers**, continuously optimizing its customer base to include leading brands and new energy clients - The company has established long-term stable cooperative relationships with **over 30 vehicle manufacturers**, with a client base covering well-known domestic and international vehicle and component manufacturing enterprises[38](index=38&type=chunk) - The company actively expands its high-quality client base to include leading independent brands, large state-owned independent brands, renowned joint venture brands, leading new energy vehicle brands, major power battery clients, and top energy storage system integrators[38](index=38&type=chunk) - Sales revenue from newly expanded clients is growing rapidly, as the company focuses on strengthening cooperation stickiness and continuously optimizing revenue channels[38](index=38&type=chunk) [Independent Industrial Chain Advantages](index=11&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%E8%87%AA%E4%B8%BB%E4%BA%A7%E4%B8%9A%E9%93%BE%E4%BC%98%E5%8A%BF) The company maintains an independent industrial chain, reducing reliance on foreign suppliers, developing high-value-added components, and achieving industry-leading self-sufficiency and gross profit margins - The company adheres to an independent industrial chain, developing high-value-added components, with main pipeline product component self-sufficiency rates and sales gross profit margins at an industry-leading level[39](index=39&type=chunk) - The company deepens its upstream industrial chain layout, enhancing precision mold processing and automated equipment design and assembly capabilities, thereby gaining a competitive advantage in cost control and rapid response[40](index=40&type=chunk) - The company has repeatedly received honors such as "Excellent Supplier" and "Cost Control Contribution Award" from major clients[40](index=40&type=chunk) [Rapid Response to Customer Needs and Market Trends](index=12&type=section&id=%EF%BC%88%E5%9B%9B%EF%BC%89%E5%AF%B9%E5%AE%A2%E6%88%B7%E9%9C%80%E6%B1%82%E5%92%8C%E5%B8%82%E5%9C%BA%E8%B6%8B%E5%8A%BF%E7%9A%84%E5%BF%AB%E9%80%9F%E5%93%8D%E5%BA%94%E4%BC%98%E5%8A%BF) Through lean management, flexible production, and a full-chain autonomous capability, the company ensures timely delivery and quick problem-solving, adapting swiftly to market changes - The company through JIT lean management, flexible production lines, ERP data interfaces, and General Motors' QSB rapid response system, achieves rapid response to customer orders and on-time delivery[41](index=41&type=chunk) - The company possesses full industrial chain autonomy, from secondary components to molds, tooling, equipment, and test verification, enabling rapid response to issues during client vehicle model development[41](index=41&type=chunk) - The company has repeatedly received honors such as "Collaboration Award" from clients[41](index=41&type=chunk) [R&D, Manufacturing, and Management System Advantages](index=12&type=section&id=%EF%BC%88%E4%BA%94%EF%BC%89%E7%A0%94%E5%8F%91%E3%80%81%E5%88%B6%E9%80%A0%E5%92%8C%E7%AE%A1%E7%90%86%E4%BD%93%E7%B3%BB%E4%BC%98%E5%8A%BF) The company maintains robust R&D, manufacturing, and management systems, evidenced by multiple certifications, extensive use of MES and PLM, and a newly established three-tier R&D center - The company has passed certifications including IATF16949, General Motors BIQS, ISO14001, ISO45001, ISO/IEC 27001, and the Ministry of Industry and Information Technology's Integration of Informatization and Industrialization Management System[42](index=42&type=chunk) - The company utilizes MES and PLM systems to achieve manufacturing automation upgrades and continuous product R&D improvement, with **over 4,000 products** currently under development[42](index=42&type=chunk) - During the reporting period, an R&D center was established, defining a three-tier R&D work system encompassing basic research, application development, and project technology[43](index=43&type=chunk) [Products Align with Technological Trends and Industrial Policies, Optimizing Product Structure to Enhance Customer Value](index=12&type=section&id=%EF%BC%88%E5%85%AD%EF%BC%89%E4%BA%A7%E5%93%81%E7%AC%A6%E5%90%88%E6%8A%80%E6%9C%AF%E5%8F%91%E5%B1%95%E8%B6%8B%E5%8A%BF%E5%92%8C%E4%BA%A7%E4%B8%9A%E6%94%BF%E7%AD%96%E6%8C%87%E5%BC%95%EF%BC%8C%E8%B0%83%E6%95%B4%E4%BA%A7%E5%93%81%E7%BB%93%E6%9E%84%E6%8F%90%E5%8D%87%E5%AE%A2%E6%88%B7%E4%BB%B7%E5%80%BC) The company's products align with automotive lightweighting and energy transition trends, actively developing new energy vehicle solutions and expanding into new strategic areas like air suspension and large injection molded parts - The company's main business aligns with the encouraged projects for key automotive components and new energy vehicle key components in the "Catalogue for Guiding Industrial Structure Adjustment" (2024 edition)[44](index=44&type=chunk) - The company actively develops new products such as hydrogen fuel cell pipelines, air suspension high-pressure pipelines, motor oil cooling pipelines, and heavy-duty truck battery swap cooling systems[44](index=44&type=chunk) - During the reporting period, square battery cooling components, large cylindrical battery cooling components, marine pipeline systems, EVTOL and commercial large aircraft battery accessories and pipeline systems all received client development tasks, and air suspension products have achieved mass production on some client vehicle models[45](index=45&type=chunk) [Leveraging Product and Technology Advantages to Follow National Strategic Core Industries, Actively Exploring Second Growth Curves](index=13&type=section&id=%EF%BC%88%E4%B8%83%EF%BC%89%E5%8F%91%E6%8C%A5%E4%BA%A7%E5%93%81%E5%92%8C%E6%8A%80%E6%9C%AF%E4%BC%98%E5%8A%BF%E7%B4%A7%E8%B7%9F%E5%9B%BD%E5%AE%B6%E6%88%98%E7%95%A5%E6%A0%B8%E5%BF%83%E4%BA%A7%E4%B8%9A%EF%BC%8C%E7%A7%AF%E6%9E%81%E5%BC%80%E6%8B%93%E7%AC%AC%E4%BA%8C%E5%A2%9E%E9%95%BF%E6%9B%B2%E7%BA%BF) The company actively develops liquid cooling thermal management products for energy storage and computing, establishing a subsidiary for this business and collaborating with major server manufacturers and system integrators - The company actively develops liquid cooling thermal management products, accumulating extensive core technologies in battery energy storage liquid cooling pipelines, connectors, and various valves and other components[46](index=46&type=chunk) - The company developed UQD (Universal Quick Disconnect) products for data centers and established Suliang Zhikong, a subsidiary, in November 2024 to independently develop liquid cooling products for energy storage and computing thermal management[46](index=46&type=chunk) - The company has established business relationships with major domestic server manufacturers and leading international thermal management system integrators, and is developing high-performance PC liquid cooling heat dissipation components[46](index=46&type=chunk) [Main Business Analysis](index=13&type=section&id=%E4%B8%89%E3%80%81%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) Operating revenue increased by **26.30%** due to market share growth, but net profit declined by **4.43%** as operating costs, sales expenses, management expenses, and R&D investments grew significantly Key Financial Data Year-on-Year Changes | Indicator | Current Period (CNY) | Prior Period (CNY) | YoY Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 668,190,643.81 | 529,047,245.74 | 26.30% | Primarily due to increased market share and client orders | | Operating Cost | 523,334,819.75 | 399,846,841.33 | 30.88% | Primarily due to increased sales revenue | | Selling Expenses | 18,807,677.70 | 11,678,751.82 | 61.04% | Primarily due to increased market expansion efforts and sales revenue | | Administrative Expenses | 26,255,199.39 | 20,265,429.51 | 29.56% | Primarily due to the addition of two new subsidiaries, Suliang Zhikong and Jiangsu Suliang | | Financial Expenses | -3,027,008.13 | -14,824,926.76 | 79.58% | Primarily due to reduced bank wealth management products and decreased interest income | | R&D Investment | 36,799,036.05 | 27,309,883.33 | 34.75% | Primarily due to increased R&D investment in new materials, new products, and Suliang Zhikong | | Net Cash Flow from Operating Activities | 89,232,559.98 | -8,271,599.42 | 1,178.78% | Primarily due to increased sales revenue, increased bill discounting, and increased operating cash inflow | Products or Services Accounting for Over 10% of Revenue | Product or Service Category | Operating Revenue (CNY) | Operating Cost (CNY) | Gross Margin (%) | YoY Change in Operating Revenue (%) | YoY Change in Operating Cost (%) | YoY Change in Gross Margin (%) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Automotive Fluid Pipelines and Assemblies | 574,545,431.21 | 455,845,989.11 | 20.66% | 23.02% | 29.57% | -4.01% | | Automotive Fluid Control Parts and Precision Injection Molded Parts | 82,576,704.89 | 63,786,548.34 | 22.75% | 38.18% | 35.45% | 1.55% | - There were no significant changes in the company's profit composition or sources of profit during the reporting period[49](index=49&type=chunk) [Non-Core Business Analysis](index=14&type=section&id=%E5%9B%9B%E3%80%81%E9%9D%9E%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) Non-core business income, primarily from investment gains and fair value changes, totaled **7.95 million yuan**, representing **10.26%** of total profit, with other items being non-recurring Non-Core Business Analysis | Item | Amount (CNY) | Percentage of Total Profit (%) | Reason for Formation | Sustainability | | :--- | :--- | :--- | :--- | :--- | | Investment Income | 4,842,548.16 | 6.25% | Primarily income from cash management products | No | | Gains/Losses from Fair Value Changes | 3,108,657.12 | 4.01% | Fair value changes of wealth management products this period | No | | Asset Impairment | -1,054,814.86 | -1.36% | Provision for inventory impairment | No | | Non-operating Income | 16,693.23 | 0.02% | | No | | Non-operating Expenses | 276,166.16 | 0.36% | Primarily losses from damage and scrapping of non-current assets | No | | Credit Impairment Losses | 2,347,192.04 | 3.03% | Reversal of bad debt provision | No | | Other Income | 6,096,248.80 | 7.87% | Primarily additional VAT input deduction | No | [Analysis of Assets and Liabilities](index=14&type=section&id=%E4%BA%94%E3%80%81%E8%B5%84%E4%BA%A7%E5%8F%8A%E8%B4%9F%E5%80%BA%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) Total assets increased by **5.18%** to **2.66 billion yuan**, with significant increases in monetary funds, short-term borrowings, and other payables, while accounts receivable and inventory proportions decreased [Significant Changes in Asset Composition](index=14&type=section&id=1%E3%80%81%E8%B5%84%E4%BA%A7%E6%9E%84%E6%88%90%E9%87%8D%E5%A4%A7%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) Monetary funds increased by **2.15%** to **491 million yuan**, short-term borrowings rose by **6.37%** to **310 million yuan**, while accounts receivable and inventory decreased due to enhanced management Significant Changes in Asset Composition | Item | Period-end Amount (CNY) | Percentage of Total Assets (%) | Prior Year-end Amount (CNY) | Percentage of Total Assets (%) | Proportion Change (%) | Explanation of Significant Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Monetary Funds | 491,444,316.65 | 18.48% | 412,748,082.22 | 16.33% | 2.15% | Primarily due to recovery of investments and new profits leading to net operating cash inflow | | Accounts Receivable | 366,075,294.52 | 13.77% | 381,785,417.35 | 15.10% | -1.33% | Primarily due to strengthened accounts receivable management this period | | Inventory | 309,441,591.03 | 11.64% | 380,737,151.76 | 15.06% | -3.42% | Primarily due to strengthened inventory management this period | | Short-term Borrowings | 309,990,000.00 | 11.66% | 133,640,166.70 | 5.29% | 6.37% | Primarily due to increased bill financing this period | | Receivables Financing | 135,597,617.75 | 5.10% | 196,519,387.49 | 7.77% | -2.67% | Primarily due to increased bill discounting this period | | Other Payables | 98,751,754.30 | 3.71% | 5,577,938.39 | 0.22% | 3.49% | Primarily due to increased dividends payable this period | | Share Capital | 155,662,898.00 | 5.85% | 119,942,266.00 | 4.74% | 1.11% | Primarily due to capital reserve conversion to share capital this period | [Major Overseas Assets](index=15&type=section&id=2%E3%80%81%E4%B8%BB%E8%A6%81%E5%A2%83%E5%A4%96%E8%B5%84%E4%BA%A7%E6%83%85%E5%86%B5) The company had no major overseas assets during the reporting period - The company had no major overseas assets during the reporting period[56](index=56&type=chunk) [Assets and Liabilities Measured at Fair Value](index=15&type=section&id=3%E3%80%81%E4%BB%A5%E5%85%AC%E5%85%81%E4%BB%B7%E5%80%BC%E8%AE%A1%E9%87%8F%E7%9A%84%E8%B5%84%E4%BA%A7%E5%92%8C%E8%B4%9F%E5%80%BA) As of the end of the reporting period, the company's financial assets measured at fair value totaled **568 million yuan**, primarily comprising trading financial assets and receivables financing Assets and Liabilities Measured at Fair Value | Item | Beginning Balance (CNY) | Gains/Losses from Fair Value Changes This Period (CNY) | Purchases This Period (CNY) | Other Changes (CNY) | Period-end

8月15日溯联股份大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | 业部 | | | 155.66 | 7093.43 | 45.57 | -2.00 | 机构专 | 国泰海通证券股份有限公司广州开 | | | | | | 用 | 创大道证券营业部 | 证券时报·数据宝统计显示，溯联股份今日收盘价为46.50元，上涨15.73%，日换手率为29.63%，成交额 为9.42亿元，全天主力资金净流出3456.89万元，近5日该股累计上涨13.44%，近5日资金合计净流出 7086.32万元。 两融数据显示，该股最新融资余额为3.12亿元，近5日增加9948.44万元，增幅为46.86%。（数据宝） 溯联股份8月15日大宗交易平台出现一笔成交，成交量155.66万股，成交金额7093.43万元，大宗交易成 交价为45.57元，相对今日收盘价折价2.00%。该笔交易的买方营业部为机构专用，卖方营业部为国泰海 通证券股份有限公司广 ...

8月15日，溯联股份大宗交易成交155.66万股，成交额7093.43万元，占当日总成交额的7%，成交价 45.57元，较市场收盘价46.5元折价2%。 ...

证券之星消息，8月15日汽车零部件板块较上一交易日上涨1.92%，川环科技领涨。当日上证指数报收 于3696.77，上涨0.83%。深证成指报收于11634.67，上涨1.6%。汽车零部件板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300547 | 川环科技 | 48.48 | 20.00% | 41.46万 | | 18.87亿 | | 301397 | 溯联股份 | 46.50 | 15.73% | 20.96万 | | 9.42 G | | 301529 | 福赛科技 | 82.21 | 15.67% | 5.62万 | | 4.40亿 | | 301022 | 一花嘴奥 | 46.32 | 11.13% | 11.95万 | | 5.34亿 | | 002715 | 登云股份 | 18.47 | 10.01% | 18.70 ...